Greenback falls to lowest since mid-November

London

THE dollar fell to its lowest since mid-November on Thursday after the Federal Reserve disappointed investors hoping for a clear sign of a March interest rate rise, while the Australian dollar rallied after data showed a record trade surplus.

Money markets had shown a 20 per cent chance of a rise in US rates next month but that slipped to as little as 15 per cent despite the Fed sending a broadly upbeat message on the economy.